$0.14 EPS Expected for CNH Industrial NV (CNHI) This Quarter

Equities analysts expect CNH Industrial NV (NYSE:CNHI) to post earnings of $0.14 per share for the current quarter, according to Zacks Investment Research. Five analysts have provided estimates for CNH Industrial’s earnings. The highest EPS estimate is $0.15 and the lowest is $0.12. CNH Industrial also posted earnings per share of $0.14 in the same quarter last year. The firm is scheduled to issue its next quarterly earnings report before the market opens on Tuesday, January 30th.

On average, analysts expect that CNH Industrial will report full year earnings of $0.47 per share for the current fiscal year, with EPS estimates ranging from $0.45 to $0.50. For the next year, analysts expect that the company will post earnings of $0.66 per share, with EPS estimates ranging from $0.60 to $0.72. Zacks’ EPS averages are an average based on a survey of sell-side research firms that cover CNH Industrial.

CNH Industrial (NYSE:CNHI) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.08 by $0.03. The firm had revenue of $6.63 billion during the quarter, compared to analysts’ expectations of $5.03 billion. CNH Industrial had a return on equity of 14.63% and a net margin of 1.66%. The company’s quarterly revenue was up 15.3% compared to the same quarter last year. During the same period in the previous year, the business posted $0.05 EPS.

CNHI has been the subject of several recent research reports. Deutsche Bank raised CNH Industrial from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $12.81 to $16.00 in a report on Thursday, January 4th. Evercore ISI raised CNH Industrial from an “in-line” rating to an “outperform” rating in a report on Monday, November 6th. UBS Group initiated coverage on CNH Industrial in a report on Monday, January 8th. They set a “buy” rating and a $17.00 price objective for the company. Bank of America boosted their price objective on CNH Industrial from $15.00 to $17.00 in a report on Monday, January 15th. Finally, BidaskClub raised CNH Industrial from a “buy” rating to a “strong-buy” rating in a research note on Thursday, October 5th. Six analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. CNH Industrial currently has a consensus rating of “Buy” and an average price target of $14.59.

Shares of CNH Industrial (NYSE CNHI) opened at $15.15 on Monday. The firm has a market capitalization of $20,659.71, a PE ratio of 47.35 and a beta of 0.86. CNH Industrial has a twelve month low of $8.74 and a twelve month high of $15.17. The company has a current ratio of 5.42, a quick ratio of 4.18 and a debt-to-equity ratio of 5.73.

Several hedge funds have recently made changes to their positions in CNHI. Vanguard Group Inc. increased its stake in shares of CNH Industrial by 9.8% in the 2nd quarter. Vanguard Group Inc. now owns 24,176,853 shares of the company’s stock valued at $275,133,000 after acquiring an additional 2,164,105 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of CNH Industrial by 61.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,120,610 shares of the company’s stock valued at $25,363,000 after acquiring an additional 804,286 shares during the last quarter. Gamco Investors INC. ET AL increased its stake in shares of CNH Industrial by 7.4% in the 3rd quarter. Gamco Investors INC. ET AL now owns 10,098,387 shares of the company’s stock valued at $121,282,000 after acquiring an additional 698,600 shares during the last quarter. Allianz Asset Management GmbH increased its stake in shares of CNH Industrial by 24.3% in the 3rd quarter. Allianz Asset Management GmbH now owns 3,175,135 shares of the company’s stock valued at $38,133,000 after acquiring an additional 621,462 shares during the last quarter. Finally, The Manufacturers Life Insurance Company bought a new stake in shares of CNH Industrial in the 2nd quarter valued at about $7,010,000. 18.15% of the stock is owned by institutional investors.

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About CNH Industrial

CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and specialty vehicles for firefighting, defense and other uses, as well as engines, transmissions and axles for vehicles and engines under marine and power generation applications.

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